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  • #730,981
  • Dec 12, 2012 7:20am Dec 12, 2012 7:20am
Quoting 21vs7
noticed that we have really similar numbers..really to the pip mostly in last few weeks. Getting them the other way than you I guess but still..

..but it is also true that if you give 20 levels out it will/could touch and reverse for 20 pippers on more than all of them. Then you would need a 10 SL and 17 pippers TP and we have a runner! babbbling here

loot of work here in the office!
i'd say your fooked...

pm me in the new year if you wanna compare notes mate...I'm very close to calling it a year, sick of em mostly...
Look Sharp/Trade Tight
  • #730,982
  • Dec 12, 2012 7:21am Dec 12, 2012 7:21am
3039 last short for today . target 2975.

should be good
looking for investors . pm me
  • #730,983
  • Dec 12, 2012 7:21am Dec 12, 2012 7:21am
Quoting OutscalpMe
Question to those who the question applies to. At what point do you take a loss on your position when clearly you the trend reversing before you eyes?

so you are really saying are you stupid........

that is one way to make friends here in just 6 posts
  • #730,984
  • Dec 12, 2012 7:22am Dec 12, 2012 7:22am
Quoting FX Wolf
you are thinking wrong friend, ...

use daily TF and connect swing high with swing low, and then another line with wing low to swing high you'll come up with supp and res levels

g/l


that sounds complicated
can you show a chart?
  • #730,985
  • Dec 12, 2012 7:22am Dec 12, 2012 7:22am
Quoting kbmoonshinex
3039 last short for today . target 2975.

should be good

SL...??? Too risky, ain't...???
  • #730,986
  • Dec 12, 2012 7:24am Dec 12, 2012 7:24am
Quoting nawafasad1
im taking a short on au. ill be watching 50%fib 1.0506 as the leg from 1.04611 is finished
great strategy
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #730,987
  • Dec 12, 2012 7:24am Dec 12, 2012 7:24am
Quoting math_GB
SL...??? Too risky, ain't...???
sl is 14 pips. risky trade but is what i see now. ok have to go now
looking for investors . pm me
  • #730,988
  • Dec 12, 2012 7:25am Dec 12, 2012 7:25am
Quoting nawafasad1
im taking a short on au. ill be watching 50%fib 1.0506 as the leg from 1.04611 is finished
i am with you with aud/usd. looks good.
looking for investors . pm me
  • #730,989
  • Dec 12, 2012 7:26am Dec 12, 2012 7:26am
Quoting math_GB
They were after my tight SL @1.3045, that is all... Terrible day to trade the cripple, slow painful PA...
Sometimes its like that looks good but just not ripe. But as long one remain emotionally detached can always find new set up. But looks as if will go higher and stop ur position then go down but that just maybe not ideal time for entry. 53 was the sell area that was triggred into 12950 last week. The only visible rejection seen since 12950 . I re enter a new short at 46 stop 55. Last short today.
  • #730,990
  • Dec 12, 2012 7:27am Dec 12, 2012 7:27am
Quoting PayTheLimit
i'd say your fooked...

pm me in the new year if you wanna compare notes mate...I'm very close to calling it a year, sick of em mostly...

niceee! Ill be in touch

yes...I have also times when I wake up and really hate this FX shjiiit! then I go on a bike. I go on a bike at least twice a day!
  • #730,991
  • Dec 12, 2012 7:29am Dec 12, 2012 7:29am
Quoting nawafasad1
im taking a short on au. ill be watching 50%fib 1.0506 as the leg from 1.04611 is finished

WHY?

justify it!
Wolves don't lose any sleep over the opinion of the sheep.
  • #730,992
  • Dec 12, 2012 7:33am Dec 12, 2012 7:33am
Quoting 5percent
Sometimes its like that looks good but just not ripe. But as long one remain emotionally detached can always find new set up. But looks as if will go higher and stop ur position then go down but that just maybe not ideal time for entry. 53 was the sell area that was triggred into 12950 last week. The only visible rejection seen since 12950 . I re enter a new short at 46 stop 55. Last short today.
Good luck buddy...! I am just thinking out loud, if it can make this high at this very early hour, how high can this go...? 1.3100s, weren't we recently rejected from that area? I wished I could understand the PA today. You see the H&S formation on the daily??? Is it worth trading it?
  • #730,993
  • Dec 12, 2012 7:40am Dec 12, 2012 7:40am
Quoting Luis Carlos
great strategy
thx luis what do you think of the move eur/usd from 1.288 as i think it will to 1.308 to form the second leg wave b of a traingle
  • #730,994
  • Dec 12, 2012 7:42am Dec 12, 2012 7:42am
Quoting math_GB
Good luck buddy...! I am just thinking out loud, if it can make this high at this very early hour, how high can this go...? 1.3100s, weren't we recently rejected from that area? I wished I could understand the PA today. You see the H&S formation on the daily??? Is it worth trading it?
Price can go north or south. Patterns may not be valid with live price and current trend momentum. Why not hedge a buy stop above current high ? With every sell attempt. Like earlier we have 30. Then shoot up to 22 to 51/2 area. If we have 52. Wont be surprised to see 70 then 3100. There are cases it shoot then dive as well. All position come with a risk and a plan. Just how u want to trade it. pa moves break resistance means high probability going up further. Thats trend. But ur trading in the us session. Sometime pa no need reason. Any new can cause change.
  • #730,995
  • Dec 12, 2012 7:43am Dec 12, 2012 7:43am
I dare not to short right now. Owing to H4 chart still showing strong bull.
Follow the Shark.
  • #730,996
  • Dec 12, 2012 7:44am Dec 12, 2012 7:44am
Quoting FX Wolf
WHY?

justify it!
justify what it s all in the chart
  • #730,997
  • Dec 12, 2012 7:47am Dec 12, 2012 7:47am
Aud/nzd trade. think that here is a bottom.
Attached Image (click to enlarge)
Click to Enlarge Name: audnzd.jpg Size: 141 KB
looking for investors . pm me
  • #730,998
  • Dec 12, 2012 7:48am Dec 12, 2012 7:48am
Quoting math_GB
Max, your favourite product is on fire today... Any plans on shorting it...???
Quoting MaxDoom
I have been long since 86.05 and if it continues it will likely test 87.6x

that said I also like to trade the breakout play that sets up with the volume starting in 8 minutes
which can be either direction or both
Quoting MaxDoom
orders set at 86.56 & 86.34

just remember there are no guarantees in life

the short side triggered but volume is very low so far...

the long side is currently acting as the stop, but will place a linked stop once it is +15
Attached Image
  • #730,999
  • Dec 12, 2012 7:51am Dec 12, 2012 7:51am
MP volume gap filled...
Attached Image (click to enlarge)
Click to Enlarge Name: eu1c.jpg Size: 178 KB
  • #731,000
  • Dec 12, 2012 7:51am Dec 12, 2012 7:51am
this is where they fake the crap out of us.
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